Cathie finally pivoting to more risk off for her style in
context is a good signal that we may have upside now in the exact
names she refused to get away from and the markets in general (risk
on). That means we have a good chance of rallying now. She needed
these names prior to the fund crashing, it would have been much
less severe. Oil, tobacco, and guns. Very telling. Her forecast
before this was that we didn't have an inflation issue and that oil
topped at $70. Nothing wrong with being wrong, though something
wrong with not being willing to change when markets tell you that
you are wrong.
ARK INVEST'S $ARKKCATHIE WOOD SAYS
Posted by steve on 13th of May 2022 at 09:12 am
ARK INVEST'S $ARKKCATHIE WOOD SAYS “US IS OFFICIALLY IN A RECESSION”; BUYS SHARES OF EXXONMOBIL $XOM, PHILIP MORRIS $PM, AND SMITH & WESSON $SWBI
Cathie finally pivoting to more
Posted by fundamentalvalues on 13th of May 2022 at 09:32 am
Cathie finally pivoting to more risk off for her style in context is a good signal that we may have upside now in the exact names she refused to get away from and the markets in general (risk on). That means we have a good chance of rallying now. She needed these names prior to the fund crashing, it would have been much less severe. Oil, tobacco, and guns. Very telling. Her forecast before this was that we didn't have an inflation issue and that oil topped at $70. Nothing wrong with being wrong, though something wrong with not being willing to change when markets tell you that you are wrong.
#1 rule-Be flexible when markets change
time to short these names,
Posted by morton7 on 13th of May 2022 at 09:24 am
time to short these names, lol.. if she had a bpt membership she would have bought these back in December.
While on this subject ....
Posted by mla127 on 13th of May 2022 at 09:27 am
While on this subject ....
"Bear Stearns will be fine!"
Posted by brophy on 13th of May 2022 at 09:45 am
"Bear Stearns will be fine!"
LOL
Posted by matt on 13th of May 2022 at 09:35 am
LOL